NYC Public School Spending: Way Up Compared With The U.S.

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In a prior post, I showed how far New York City lagged beyond the rest of New York State in public school spending in FY 2005, with a conservative cost of living adjustment applied to Downstate expenditures. Using data from the U.S. Census Bureau for Fiscal Years (FY) 1997 and 2004, however, we find that inflation-adjusted per-student current expenditures for the city’s schools increased 46.7% from the former year to the latter. And whereas the city’s per child current spending was 2.3% below the national average in FY1997, it was 19.2% above average in FY2004. The spreadsheet is attached, and I'd rather have you download that than read the rest of this post. Once you have, to compare your explanations to mine, my overview of the breakdown by type of spending follows.